Litigation Capital Management (LON:LIT) Stock Price Down 10.2% – Should You Sell?

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) dropped 10.2% during trading on Tuesday . The stock traded as low as GBX 9.50 and last traded at GBX 9.52. Approximately 2,474,374 shares traded hands during mid-day trading, an increase of 61% from the average daily volume of 1,533,006 shares. The stock had previously closed at GBX 10.60.

Litigation Capital Management Price Performance

The company has a debt-to-equity ratio of 32.77, a quick ratio of 3.01 and a current ratio of 17.54. The company has a 50-day moving average of GBX 9.34 and a 200-day moving average of GBX 20.22. The stock has a market capitalization of £9.77 million, a price-to-earnings ratio of -0.13 and a beta of 0.31.

About Litigation Capital Management

(Get Free Report)

Litigation Capital Management (“LCM”) is an alternative asset manager specialising in litigation financing solutions internationally. Through our two business models, direct balance sheet and third party fund management, we create value through our three primary investment strategies – single-cases; case portfolios; and acquisition of insolvency claims.

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